RBC Capital Maintains Outperform Rating for Zillow Group (ZG)
Key takeaways
- RBC Capital Maintains Outperform Rating for Zillow Group (ZG) Muhammad Ali Khalid Sat, June 13, 2026 at 10:28 PM GMT+7 2 min read Z GOOG ZG Zillow Group Inc.
- On June 10, RBC Capital decided to reduce its price target on Zillow Group (NASDAQ:ZG) from $95 to $70, but it chose to keep an Outperform rating on the stock.
- However, the firm also noted that tech innovations are creating headwinds.
RBC Capital Maintains Outperform Rating for Zillow Group (ZG) Muhammad Ali Khalid Sat, June 13, 2026 at 10:28 PM GMT+7 2 min read Z GOOG ZG Zillow Group Inc. (NASDAQ:ZG) is one of the 12 best buy-the-dip stocks to invest in now.
On June 10, RBC Capital decided to reduce its price target on Zillow Group (NASDAQ:ZG) from $95 to $70, but it chose to keep an Outperform rating on the stock. RBC points out that Zillow’s enhanced market strategy continues to generate visible and durable faster-than-market growth rates, which they see as a critical piece of the overall bull case.
However, the firm also noted that tech innovations are creating headwinds. Specifically, they stated that large language model product innovation and Google, in particular, with its increasingly sophisticated agentic aggregation capabilities, are highly likely to act as an immovable overhang for digital marketplaces for the foreseeable future. The firm shared these balanced points to explain why they lowered the target while maintaining their positive rating on the shares.